The November 2020 edition of FundsIndia’s Monthly Market Insight discusses the great multi cap rejig and what needs to be done.
Consumer Price Index (CPI) Inflation stood at 7.3% in Sep-20, highest since Jan-20 (7.6%), compared to 6.7% in
Aug-20. The prices of Food and Beverages category, which weighs ~46% of the basket of goods, increased by 9.7%
in Sep-20. This is the key reason the inflation in Sep-20 to remain at higher levels, exceeding the upper tolerance
limit (6%) set by RBI.
Data showcased in this edition include trends in Industry SIP Inflows, Total Retail and HNI AUM, Consumer Inflation, Index of Industrial Production – Growth and Manufacturing PMI. Do check out our suggested reads that include an article on “A Fund that says ‘no’ to fund managers and ‘yes’ to rules! “.